An annual rent of Rs 1,00,000 corresponds to Rs 8,333 per month – so if you rent a house and make a payment of more than 8,333 per month – consider receiving the PAN from the landlord, or you may lose the HRA exemption. Authorised persons claiming an exemption or exemption from the HRA under Article 80GG can thus avoid some of their hard-earned money from being devoured by tax. If the lessor does not have a PAN number, these two documents are required by the lessor for you to qualify for the HRA exemption: a valid lease between the lessor and the tenant (in this case the employee) is a necessary document to submit to the employer to claim a tax advantage. The contract must contain all the specific details about the type of accommodation, the rent to be paid, the duration of the rental, etc. . .
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